In gambling, there is such a thing as volatility. Volatility is often confused with other gambling terms, for instance, with variance. Let’s take a closer look at slot machine volatility and how to determine it.
Volatility is a level of risk involved in the game. The term is used to inform the players how often and how big payout they can expect. There are three types of volatility.
Most slots are either having a medium, high, and low volatility. Now, a slot with a low variance means that it is less risky. Now, a slot with a low variance means that it is less risky. On the other hand, playing a h igh variance slot means that players are more likely to lose their bet. Low volatility slot machines are popular among online casino players as they offer good value for money with their frequent but smaller wins. Although higher variance slots may potentially produce life changing money, it's the slots with low volatility that will get the best out of your hard earned deposit.
High, Medium and Low Volatility Slots
High volatility slots are considered much riskier to play. This means that they rarely give the winning combinations, but massive payouts. As a rule, such slots are preferred by people who have enough time, patience, and a large enough bankroll to continue spinning without any big wins.
Medium volatility slots are characterised by an average level of risk and are very popular with gamblers as it is a happy compromise between high and low volatility games. Slots with medium volatility are perfect for those who do not want to risk too much of their bankroll but still are looking for big wins.
Low volatility slots are distinct by a large number of small saving wins along the way you are playing. That is to say that these games involve a low level of risk. They are great for players who do not chase big jackpots and prefer to get frequent, small or mid-sized payouts with minimum money spent.
How to Determine Slot Machine Volatility?
As we can see, the risk level is an important factor affecting the frequency and amount of payouts. Typically, online slot developers give out this information in the description of a certain game. However, the players can also freely find out the volatility of a slot machine.
When it comes to online gambling, there are special figures to estimate and classify slots. The slot machine is considered as high volatility if the payout ratio is higher than x10 000. If the rate varies between x5 000 and x10 000, the machine is considered a medium volatility one. Low volatility – is lower than x5 000.
There are three main ways to determine the variation of slot machines:
- to study the payout rates of each particular slot. This information is publicly available as well as the game rules.
- to play the game. Today, developers of online gaming machines allow gamblers to play free demo games. Thus, the user can see the frequency and amount of payments and decide whether it suits him/her or not.
- to surf various reviews and forums on the Internet. Players usually share their experience together with the information on volatility on some forums, etc.
Then the players should act according to their desires and possibilities: go with high volatility slots if want to play as long as possible and can afford to lose some money. Or play low volatility slots if don't have a large bankroll, and don't need big wins to have fun.
How to find slot machines in vegas. Totalrewards.com has a slot finder for the CET properties. I believe that the Boyd Properties (Orleans, Gold Coast) have a slot finder on their sites. I also think that Bellagio has a slot finder on their site.
Classification of Slots According to Volatility from Slotegrator Experts
Our company offers online slots from well-known iGaming developers. In the following table, you can find the games from our partners, that are of different volatility.
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Volatility Slots Definition
Volatility determines the frequency and size of payouts won by players. Today, the software developers for online casinos create slots with different volatility to meet the needs of each player.
Best Low Volatility Slot Machines
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